Regulation 41 Decisions: written notices
On determining an application for the grant of a permission, the F1PRA must give the applicant a written notice stating—
its decision; and
if the permission is granted, any conditions to which the permission is subject and the date on which the permission takes effect.
Where the PRA varies or revokes a permission, it must give the institution concerned a written notice stating—
that the permission is varied or revoked; and
the date on which the variation or revocation takes effect.
Where the PRA amends a condition to which a permission is subject, it must give the institution concerned a written notice stating—
the amended condition; and
the date on which the amendment takes effect.
Annotations
Textual amendments
Notes on the whole SI
Textual amendments
- F1
2000 c. 8. Section 349(2) was amended by section 41 of, and paragraphs 19(1) and (2) of Schedule 12 to, the Financial Services Act 2012 (c. 21); paragraphs 14(1)(b), 17(c), 18 and 22 of Schedule 3 were amended by section 12 of, and paragraphs 1, 3, 7, 8 and 14 of Schedule 4 to, the Financial Services Act 2012; paragraph 14(1)(b) was also amended by S.I. 2003/1473 and S.I. 2003/2066.